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European Green Buildings Markets—The Implementation of the Building Directive
Frost & Sullivan, Sep 2007, Pages: 42
This Frost & Sullivan research titled European Green Buildings Market - The Implementation of the Building Directive delves into how the European Union is planning to tackle climate change and meet the Kyoto requirements through the introduction of energy savings measures and rigorous requirements for buildings. It discusses the various energy efficiency initiatives currently in focus in the EU, with a specific emphasis on the implementation of the EPBD and how it will affect business in the future. While the first part of the research service describes the concept of green buildings and the EPBD, the second part demonstrates how the directive has been transposed in some of the member states.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sector in this research:
Green buildings and passive houses
Energy Efficiency and the EU
European Directive on the Energy Performance of Buildings (EPBD) – in theory and in practice
Market Overview
Building Directive to Encourage the Widespread Uptake of Environment-friendly Products, Technologies and Services
Climate change is the European Union’s top priority. By introducing numerous voluntary and mandatory schemes on energy efficiency, the EU is hoping to tackle climate change as well as other challenges, such as its increased energy import dependency and concerns over supplies of fossil fuels worldwide. While there have been consistent efforts to this end, European countries were still wasting at least 20 per cent of their energy due to inefficiency in 2006, with the European building stock contributing to the problem. Applying more stringent standards to new buildings and renovations will enable the EU to reduce greenhouse gas emissions and realize an energy saving potential of more than 20 per cent by 2020. This will be a considerable contribution towards meeting the Kyoto targets.
'The Directive on the Energy Performance of Buildings (EPBD), which came into force in January 2003, has been intended to increase awareness of energy use in buildings and result in a substantial increase in investments in energy efficiency measures,' notes the analyst of this research service. 'The future is definitely in more energy efficient buildings and with the introduction of this directive, the EU is working hard to make all buildings green.'
Effective Use of EPBD to Create Huge Potential for Energy Conservation
Despite the delays and the various difficulties related to the implementation, the Building Directive has a huge potential for energy conservation. Proper use of the EPBD is likely to encourage the widespread uptake of environment-friendly products, technologies and services. Moreover, increased consumer awareness and behavioural change are pivotal to ensure the success of these objectives.
'This legislation, as well as other European initiatives on the subject, will impact the building technologies products and services market in the medium to long term,' explains the analyst. 'Accordingly, industry participants, ranging from consultants to building control manufacturers and technology companies, will be presented with opportunities to contribute to a more energy efficient, greener building stock in Europe.'
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